Paul Krugman Gets One Thing Exactly Right On The Ryan Plan

Obviously, there was never a chance that Paul Krugman would like
Paul Ryan's aggressive plan to cut the debt.

But on one area
Krugman totally nails it. Ever since the plan was announced,
members of the media have been tripping over each other to
declare how "brave" and "bold" the Ryan plan is, despite the fact
that it doesn't even spell out many of the cuts, and despite the
fact that -- in all honesty -- most of these pundits haven't even
read the plan.

They just read that the plan eliminate the debt, and then they
declare how bold it is. This echoes the point we made when the
plan was first announced. It's the same with the global
warming fight. "Serious people" (like Krugman) say we have to act
now to avoid a catastrophe, and then sing the praises of any plan
that claims to avoid disaster whether it will or not.

Going back to Ryan... this is also the problem with chiding
the Democrats with not producing their own plan. Unless you
actually think the Ryan plan does what it claims to do, it
doesn't make sense to slam others for not living up to that
level.